The crypto-friendly social network Reddit has filed for an IPO with the SEC in a confidential filing. The terms of the offering have not been disclosed.
Hi, we have some news. pic.twitter.com/DjkjBRloHF
— Reddit (@Reddit) December 16, 2021
In August, after the latest funding round, the platform оценили at $10 billion.
The share sale will take place after regulators review the filing, depending on market conditions.
Reddit’s management has provided no further information, as it entered a quiet period.
Earlier in October, opened a vacancy for an NFT platform developer.
In December, Reddit announced the expansion of its loyalty program with Ethereum tokens.
Earlier, to scale the program Reddit chose Arbitrum as the L2 solution.
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